FAITH FEEDS FOOD PANTRY INC

EIN: 992116831 501(c)(3) Food, Agriculture & Nutrition

Palatine, IL

Total Revenue
$2,271,647
Total Expenses
$1,821,943
Total Assets
$496,206
Net Assets
$493,355
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2024
Legal Domicile
IL
Tax Period
2025-01-01 to 2025-12-31

FAITH FEEDS FOOD PANTRY INC, founded in 2024, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $2.3M in total revenue in fiscal year 2025. Revenue surged 49% from the prior year, signaling strong growth momentum. The organization ran a surplus of $450K, a strong 20% operating margin.

Mission

Faith Feeds Food Pantry, Inc. supports food-insecure populations of Chicagos northwest suburbs.Their mobile food pantry ensures access to essential resources by bringing food directly to those who cant reach the pantry.

Program Service Accomplishments

Program 1
Expenses: $1,792,835 Revenue: $2,271,647

Faith Feeds Food Pantry, Inc. (FF) was incorporated in 2024 with the goal of increasing fundraising and growing community outreach. FF serves people twice a week through its main pantry and 5 times...

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Faith Feeds Food Pantry, Inc. (FF) was incorporated in 2024 with the goal of increasing fundraising and growing community outreach. FF serves people twice a week through its main pantry and 5 times per month through its mobile pantry. The Greater Chicago Food Depository (GCFD), food drives, and individual donations supply the food that is provided to the community. While the main pantry has always received food from GCFD, the mobile pantry began receiving such food in May 2024 thus allowing for a more reliable and diverse food source for its clients. Around that same time, the Palatine Township allowed the mobile pantry to use its lift gate truck for food distribution days. This allowed the mobile to supply more food to the community and its volunteers to safely and efficiently transport food to the sites.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $2,268,021
Program Service Revenue $0
Investment Income $3,626
Other Revenue $0
TOTAL REVENUE $2,271,647

Expense Breakdown

Grants Paid $0
Salaries & Benefits $36,629
Fundraising Expenses $0
Program Expenses $1,792,835
Other Expenses $1,785,314
TOTAL EXPENSES $1,821,943

Year-over-Year Comparison

2025 2024 Change
Revenue $2,271,647 $1,524,323 +0.5%
Expenses $1,821,943 $1,546,719 +0.2%
Net Income $449,704 $-22,396 -21.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
360

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
11
$0
Key Employees
4
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARBARA HOWELL TREASURER 10.00
Officer Director Key Emp
$0 $0 $0
KAREN BAKER N/A 1.00
Director
$0 $0 $0
ADRIENNE BOLBOT N/A 20.00
Director
$0 $0 $0
MICHAEL DEMEYER VICE CHAIR 8.00
Officer Director Key Emp
$0 $0 $0
RICHARD GYLLING N/A 7.00
Director
$0 $0 $0
LAURA HARVEY CARLSON SECRETARY 2.00
Officer Director Key Emp
$0 $0 $0
LAURA LUMB N/A 4.00
Director
$0 $0 $0
SETH MOLAND-KOVASH N/A 4.00
Director
$0 $0 $0
CAROL PANKROS N/A 3.00
Director
$0 $0 $0
SUZIE WALCZYNSKI CHAIR 2.00
Officer Director Key Emp
$0 $0 $0
BRENT GUSTAFASON N/A 6.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,271,647 $1,821,943 $496,206 $449,704
2024 $1,524,323 $1,546,719 $44,971 $-22,396
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